Committee Advised Funds
If your group wishes to support non-profit, charitable organizations and needs a structure to support your philanthropic goals, a committee-advised fund can provide accounting and legal services and allow you to focus on fund-raising and making grants and gifts. Download a copy of our Committee Advised Fund information sheet.
The Story County Community Giving Circle welcomes community members
invested in making a difference in Ames and Story County.
Establishing a Committee Advised Fund is
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Distinct: You can establish a Committee Advised Fund in the name of your group or organization.
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Enduring: Members of your organization will make grants from your fund now and in the future.
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Flexible: Add to the fund at any time. The Story County Community Foundation can accept donations of almost any asset including cash, stock and real estate.
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Efficient: Your group benefits from the most advantageous tax treatment for a charitable gift, and the Community Foundation handles the administrative details.
Who should establish a committee advised fund?
A Committee Advised Fund is ideal for groups who:
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Want to establish a spirit of giving within their organization and allow future members to continue granting to charities the group supports.
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Do not have a 501(c)3 status but want to accept tax-deductible, charitable gifts.
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Are willing to work together to determine the causes their organization wishes to support.
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Want to make a long-term impact on the charities that are most important to them.
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Many businesses establish Committee Advised Funds to facilitate corporate giving.
Committee Advised Funds held at the Story County Community Foundation:
- Leadership Ames Endowment Fund To donate, click here
- McCallsburg Legacy Fund To donate, click here
- Story County Community Giving Circle Fund To Donate, click here
